Hackers Have Reportedly Stolen an Upcoming Disney Movie and Are Asking for Ransom Money

Walt Disney CEO Bob Iger revealed on Monday that hackers claim to have access to an upcoming Disney movie and are threatening to release it unless the studio pays a ransom, according to the Hollywood Reporter.

The hackers demanded a large sum in Bitcoin. If they don't receive it, they threaten to release five minutes of the movie, followed by 20-minute sections until they receive their money. Iger says Disney refuses to pay.

The next two Disney movies slated to hit theaters are Pirates of the Caribbean: Dead Men Tell No Tales (May 26) and Cars 3 (June 16).

In April, hackers released 10 episodes of the upcoming season of Orange Is the New Black ahead of its June 9 launch. Netflix chose not to pay the ransom.

Hannah Orenstein is the assistant features editor at Seventeen.com. Follow her on Twitter and Instagram!

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